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AR HB1836

Bill

Official Source

Status

Failed

5/1/2023

Primary Sponsor

Les Warren

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Amends Arkansas Code § 26-35-601(c)(2) concerning the collection of real property and personal property taxes
  • Allows title insurance agencies, title insurers, and title companies to pay general real estate taxes on property in conjunction with issuing a title insurance policy
  • Maintains existing provision allowing persons, firms, partnerships, or corporations to pay general real estate taxes on property securing indebtedness owed to them
  • Creates an exception to the requirement that personal property taxes be collected with real estate taxes

Legislative Description

To Allow A Title Insurance Agent, Title Insurer, Or Title Company To Pay Real Property Taxes In Conjunction With The Issuance Of A Title.

Last Action

Died in House Committee at Sine Die Adjournment

5/1/2023

Committee Referrals

Insurance and Commerce4/3/2023

Full Bill Text

No bill text available